The Fixed Dollar Amount a Subscriber Must Pay or "Meet

question 65

Multiple Choice

The fixed dollar amount a subscriber must pay or "meet" each year before the insurer begins to cover expenses is the ____.

• A) copayment
• B) premium
• C) coinsurance
• D) capitation
• E) deductible

Understand the role of corporate vision in achieving a sustainable competitive advantage.

Assess the role and importance of flexibility in global leadership.

Recognize the steps employees can take towards obtaining international assignments to develop global leadership competencies.

Understand the purpose and use of the work sheet in accounting processes.

---

Definitions:

One Charge

Typically refers to a single financial cost or fee for a service or product.

Credit Bureau

A company that provides information about the creditworthiness of a person seeking credit.

Creditworthiness

A valuation or assessment of an individual's or organization's ability to repay debts or meet financial obligations.

Equal Credit Opportunity Act

A US federal law that prohibits discrimination by lenders against borrowers based on race, color, religion, national origin, sex, marital status, or age.